Illinois and Taiwan

  • Building on Strong Trade Ties

    In 2016, Illinois’s exports to Taiwan reached $699.49 million. Taiwan is Illinois’s 6th largest export market in Asia.

  • Growing Strong Market in the Asia Pacific

    Agribusiness continues to be one of the leading industries in Illinois. Illinois is a top U.S. agriculture exporter with almost 40% of the state's agricultural commodities are sold overseas. Taiwan is a leading importer of U.S. agricultural goods, and Taiwan regularly dispatches agricultural procurement missions to the U.S. to sign multi-billion dollar supply deals. Illinois’ farmers would enjoy immediate benefits from the signing of a free trade agreement, which would eliminate tariffs on most agricultural and industrial products and increase Taiwanese demand for U.S. agricultural products.

  • Bringing New Trade and Investment to Illinois


    The agriculture and chemicals manufacturing industries as well as many other sectors important to the Illinois economy are poised to benefit from partnership with Taiwan. Illinois has also attracted investment from several Taiwanese companies, such as Stainless steel distributor Ta Chen International Inc. but there is significant potential for Taiwanese enterprises to boost investment and create jobs in Illinois and vice versa.

    Ta Chen International Inc. plans to set up a 471,400-square-foot distribution center in Pleasant Prairie's LakeView Corporate Park. The Taiwanese company moved its operations to the Kenosha County community in 2013, and will be creating more jobs in the county from its expansion in the new distribution center.
  • Opening Up A Region of Opportunity

    Taiwan serves as an ideal partner for U.S. business in Asia. Taiwan has complete industrial supply chains, high concentration of industrial clusters, and a consolidated manufacturer base. The World Economic Forum ranked Taiwan's industrial cluster infrastructure first in the world in its "World Competitiveness Report 2014" for the ninth consecutive year. This is reflected in Taiwan's comprehensive protection of intellectual property rights, sound legal system, and modern infrastructure.

    Furthermore, the Economic Cooperation Framework Agreement (ECFA) signed between Taiwan and Mainland China in 2010 has opened up opportunities in Mainland China. Businesses can now collaborate with innovative Taiwanese companies and leverage ECFA to utilize Taiwan as a gateway to Mainland China and other fast-growing Asian markets.

  • 2016 Illinois Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Agricultural Products

    $334.19

    47.8%

    Chemicals

    $73.44

    10.5%

    Computer and Electronic Products

    $69.82

    10.0%

    Machinery, Except Electrical

    $51.65

    7.4%

    Others

    $170.39

    24.4%


  • Forging a Stronger Partnership for Growth

    Vibrant Illinois-Taiwan relations hold great promise for both our companies and workers. We look forward to working together with you to forge a mutual partnership in prosperity.

Illinois and Taiwan Trade Facts

  • 6th largest export market of Illinois in Asia is Taiwan
  • $699.49 million: Illinois 's exports to Taiwan in 2016
  • 10.4%: Growth in Connecticut exports to Taiwan from 2015 to 2016

Trade and Investment Factsheet

Click here for your copy of the Taiwan-Illinois trade and investment factsheet.



Business Contacts

Taipei Economic Cultural Office in Chicago, Economic Division

  • 55 West Wacker Drive, Suite 1200
    Chicago, IL 60601
  • Tel: (312) 616-0120
  • Fax: (312) 616-1498
  • economic@chicagocd.org

Taiwan Trade Centre Chicago

  • 225 N. Michigan Ave., Suite 2304
    Chicago, IL 60601
  • Tel: (312) 819-7350
  • Fax: (312) 819-7346
  • chicago@taitra.org.tw

Taiwan External Trade Development Council


U.S. Commercial Service